Disliked... part of the game ... Yes sure ...
I've been burned many times trying to do this I don't know why I don't give up ... old habits .. you know
Your analysis is simple and potent.I'm gonna take a look for sure.
BTW what is you outlook with EU? I think if we look at that daily TL which broke at 1.3420 price should normally return back down and sit on it before rising again. That will be 1.2900 area. I don't see any significant TL midway which could hold it underway. Only 1.3800 - 1.3900 area should act as support ... may be.
This is what I...Ignored
we might also be forming a cup, and later next couple of weeks we're forming the handle...